10 June 2019 (9:19 am EDT)
U.S. stock futures are once again rallying, continuing their previous week’s uptrend after the U.S.- Mexico trade deal.
This indicates that the uptrend will continue in U.S. stock markets too and day traders will have time to sit back and let markets do all the work. As we discussed previously, in such a strong uptrend, day traders just have to watch for price to touch the support line, bounce up again and then they can buy and enjoy the rally.
We have provided intraday support and resistance levels on our Pivot Trading page. Check those levels for trade entry or exit points. These levels are:
- Pivot Levels for Dow Jones
- Pivot Levels for Nasdaq 100
- Pivot Levels for Russell 2000
- Pivot Levels for S& P 500
Expect U.S. stock markets to pile up more gains in this session. The broader trend is now up in these markets, the intraday trend might see some volatility traders will book profits at certain levels.